Charter Broker Onboarding Process
Just as we do for Central Agencies, we carefully review all sign-up requests for Calendars by Ankor to maintain a high standard of credibility, transparency, and data integrity. Our thorough onboarding process is designed to accommodate both experienced retail brokers affiliated with recognized firms and independent brokers. The goal is to ensure that only legitimate, experienced, and professional brokers gain access, safeguarding the integrity of the platform while fostering a trusted network.
Documentation required for RAs (Charter Brokers)
| Requirement | Affiliated Brokers | Independent Brokers | Reason for Requirement |
|---|---|---|---|
| 1. Professional Experience | 3 completed charters | 5 completed charters | Ensures brokers have industry expertise |
| 2. PI Insurance | $/€ 250,000 coverage | $/€ 250,000 coverage | Protects against financial and legal risks |
| 3. Business Affiliation | Employment contract or firm registration | Business registration or sole proprietorship | Verifies legal operations |
| 4. Industry References | 2 references | 5 references | Establishes credibility and reliability |
| 5. Industry Certification (Mandatory for Independent Brokers) | N/A | MYBA, IYBA, CYBA, TYBA, GYA, AYCA, APSA | Encourages adherence to industry standards |
| 6. Client Fund Handling | Firm’s client account | Dedicated client or business account | Ensures secure handling of client funds |
| 7 Security Measures | Unique login, 2FA | Unique login, 2FA | Prevents unauthorised access |
| 8. Compliance Monitoring | Annual reviews | Initial reviews + annual reviews | Maintains long-term platform standards |
| 9. Trial Membership (Optional) | N/A | Restricted access for 6 months | Allows proof of capability |
How long does the review process take?
The process typically takes 48-72 hours or 2-3 business days. During this time, one of our team will review your application and may contact you if additional information or documentation is needed. Once approved, you will receive an email with your login instructions.
What happens if I still don't have enough completed charters?
In case you started recently and still do not have enough references, you will have a period of six months in order to send all requirements. During this time you will be able to access Calendars RA.
Still Need Help?
Speak to our Customer Success team, who are here to support you via support@ankor.io or chat with us using the Life ring Help feature at the bottom right of our application.